BlockBeats News, February 28th, "Fed Chatterbox" Nick Timiraos indicated that economists converting CPI and PPI to PCE expect a 0.27% increase in core prices in January.
Due to a 0.50% increase in core prices in January 2024, the 12-month core PCE inflation rate will slow from 2.8% in December to 2.6% due to this base effect.